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$1,844 (target)

603 Spaulding St, San Angelo, TX 76903

3 beds • 2 baths • 1243 sqft

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This property looks like a bad Mid-Term investment with a projected -1.64% first-year return on $62,352 initial cash invested.

-1.64%

Cash On Cash

6.2%

Cap Rate

0.99

DSCR

$1,844

Rent

-$85

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,844 income − $1,929 expenses = $85 out of pocket

Income$1,844Out of Pocket$85Mortgage P&I$1,10260%Property Taxes$1267%Insurance$744%Management$22112%CapEx$744%Vacancy$553%Maintenance$744%Other$20311%

Investment Breakdown

|

Purchase Price

$211k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,352

Downpayment

20%

$42,240

Closing costs

1%

$2,112

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$1,844

Total Expenses

$1,929

Mortgage P&I

60%

$1,102

Property Taxes

7%

$126

Home Insurance

4%

$74

HOA

0%

$0

Property Management

12%

$221

CapEx

4%

$74

Vacancy

3%

$55

Maintenance

4%

$74

Other

11%

$203

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